Journal of the Korean Data and Information Science Society
- Volume 15 Issue 1
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- Pages.49-57
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- 2004
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- 1598-9402(pISSN)
Reliability Insurance Rate-Making for Wiper Motors
- Hong, Yeon-Woong (Dept. of Internet Industrial Engineering, Dongyang Univ.) ;
- Kwon, Yong-Man (Dept. of Statistics, Chosun Univ.)
- Published : 2004.02.28
Abstract
In this paper, we calculate the premium rate of reliability insurance policy for wiper motors under the assumption of Weibull physics of failure. We also describe the performance factors which have an effect on failure characteristics of wiper motors. The maximum likelihood estimates of shape parameter and scale parameter are obtained by using interval censored real data of sample sizes 6 using MINITAB.
Keywords
- interval censoring;
- maximum likelihood estimator;
- reliability insurance rate-making;
- Weibull distribution;
- wiper motor